Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 841 - 850 of 2024 results for "AMI"

Big trouble in big China

BENJAMIN ONG  |  WEDNESDAY, 14 OCT 2015
Here we go again folks, the China is kaput story is back in the headlines again. What went up last week - some through to yesterday - are back down again all because, they say, financial markets didn't like what they saw in the China's trade data where ...

Bond King Gross files $200m suit against PIMCO

MARK SMITH  |  FRIDAY, 9 OCT 2015
Star bond manager Bill Gross is suing PIMCO, his former employer, for US$200 million ($275 million) for breach of contract and plotting to oust him from the firm he set up more than 40 years ago. The lawsuit filed in Orange County, California - where ...

CBA publicly welcomes former staff bans

MARK SMITH  |  THURSDAY, 8 OCT 2015
The Commonwealth Bank has publicly welcomed the Australian Securities and Investment Commission's (ASIC) decision to ban former CFPL financial planners, Sharnie Kent and Stuart Jamieson. In a press release issued by the bank it said it reported concerns ...

Lonsec launches investment solutions division

MARK SMITH  |  TUESDAY, 6 OCT 2015
Lonsec Fiscal has launched a new business division, Lonsec Investment Solutions, which will be led by Lukasz de Pourbaix in the chief investment officer role. The new division will be responsible for building model portfolios for advisers. It has been ...

Nikko downgrades equities stance

MARK SMITH  |  FRIDAY, 2 OCT 2015
Nikko Asset Management has downgraded its house view on global equities from overweight to neutral to reflect stock prices reaching what it believes to be fair value, particularly in the US. The global fund manager has been positive on stocks since ...

Financial services most at risk from disruption

MARK SMITH  |  THURSDAY, 24 SEP 2015
The banking and financial services industry is uniquely placed to suffer most from the wave of digital disruption that is sweeping the world. That's according to Citi managing director of customer experience Linda Duncombe, who opened the Afiniation ...

Maritime Super appoints NAS as custodian

DARREN SNYDER  |  THURSDAY, 10 SEP 2015
Maritime Super has reappointed National Australia Bank's Asset Servicing business as custodian for a further three years. NAS will provide custodial and investment administrative services to the $5 billion industry fund for maritime workers. Maritime ...

Asset management modeling low-cost airlines

DARREN SNYDER  |  THURSDAY, 10 SEP 2015
CREATE-Research chief executive Professor Amin Rajan foresees the future of asset management being similar to the evolution of low-cost airlines. He said low-cost airlines made flying affordable by stripping out many of the "bells and whistles" and ...

MySuper fees force super fund to exit high return strategy

LAURA MILLAN  |  MONDAY, 7 SEP 2015
The requirement to charge low fees under MySuper has forced one superannuation fund to exit a Principal Global Investments (PGI) strategy that had returned 13% over five years. PGI chief executive in Australia Grant Foster said that the super fund pulled ...

Investing is like a game of tennis

DARREN SNYDER  |  THURSDAY, 3 SEP 2015
The days of CPI plus 5% investment returns for superannuation funds are gone for the foreseeable future according to a United Kingdom based researcher. Speaking at the Australian Institute of Superannuation Trustees (AIST) conference yesterday, CREATE-Research ...